Question

gracy took a loan of rs
5000 to buy a mobile phone.she paid back rs 450 every month for one year.how much money did she pay back to the bank?

Answer 1

Hey friend
here is your answer

money took as a loan =rs. 5000

money paid per month to recover the loan = rs. 450
time = 12 month

so,
total money paid = 12 × 450
= rs. 5400

therefore extra amount paid = rs. 400


glad to help you
hope it helps
thank you.

Answer 2

Answer:

Hey friend

here is your answer

money took as a loan =rs. 5000

money paid per month to recover the loan =

rs. 450

time = 12 month

So,

total money paid 12 x 450 =

= rs. 5400

therefore extra amount paid = rs. 400

glad to help you hope it helps thank you.